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Rio Tinto completes sale of Cortez Gold Royalty for $525 million in cash
LONDON--(BUSINESS WIRE)-- Rio Tinto has completed the sale of a royalty it holds on an area including the Cortez mine operational area and the Fourmile development project in Nevada (the “Cortez Complex”) to RG Royalties LLC, a direct wholly-owned subsidiary of Royal Gold Inc., for $525 million in cash. The Cortez Royalty is a 1.2%1 gross production royalty on (i) the Cortez gold mine that is
Rio Tinto commits A$75 million to renew Pilbara local government partnerships
PERTH--Rio Tinto will commit A$75 million across 10 years to renew its partnerships with the Shire of Ashburton and the City of Karratha to continue the delivery of a range of important community projects across the two regions. Previous Community Infrastructure and Services Partnership (CISP) agreements with both the Shire and the City had supported the funding and delivery of key infrastructure
Government of Guinea, Winning Consortium Simandou and Rio Tinto Simfer incorporate La Compagnie du TransGuinéen (CTG) to co-develop the rail and port infrastructure for the Simandou iron ore project
Joint venture company incorporated in line with Framework Agreement signed on March 25, 2022, to facilitate investment decisions for co-financing and co-development of Simandou project infrastructures Partners have committed to internationally recognised ESG standards MELBOURNE, Australia--(BUSINESS WIRE)-- The government of the Republic of Guinea, Winning Consortium Simandou (WCS) an
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Matt Chambers
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Illtud Harri
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